ADFIM Urges Customers Facing Strain To Engage DFIs For Support Amid Uncertainties

KUALA LUMPUR, April 10 (Bernama) -- The Association of Development Finance Institutions of Malaysia (ADFIM) is encouraging customers to contact their respective development financial institutions (DFIs) and entrepreneur development organisations (EDOs) to explore the support options available, reaffirming the institutions’ ongoing commitment to providing reassurance, partnership, and practical solutions during challenging times.

RM5 Bln Low-cost Financing To Drive SME Growth - Sim

GEORGE TOWN, April 9 (Bernama) -- The Entrepreneur and Cooperatives Development Ministry has announced up to RM5 billion in low-cost financing for small and medium enterprises (SMEs) to drive growth and transformation.

Govt Increases Loan Facilities, Guarantees For Entrepreneurs To RM50 Bln In 2026 -- PM Anwar

KUALA LUMPUR, Oct 10 (Bernama) -- The amount of government loan facilities and guarantees available to benefit local entrepreneurs will increase to RM50 billion next year from RM40 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

Personal Loan Applicants Exceeding RM100,000 To Attend Financial Education Module - BNM

By Nor Baizura Basri

KUALA LUMPUR, Sept 30 (Bernama) -- Consumers applying for personal financing with amounts exceeding RM100,000 will need to attend and complete a financial education module, according to Bank Negara Malaysia (BNM) today.

CGC Awards 2024 Celebrates 30 Years Of Empowering MSMEs 

KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.

BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

SME Bank’s RM211 Mln Strategic Initiative To Support MSME Growth – Amir Hamzah

KUALA LUMPUR, June 26 (Bernama) -- The launch of a strategic initiative worth RM211 million by Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) is set to support the sustainable and inclusive growth of the micro, small, and medium enterprises (MSMEs) segment.

SME Bank, BSN Partner To Boost Malaysia’s Homegrown Entrepreneurs

KUALA LUMPUR, June 17 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) and Bank Simpanan Nasional (BSN) have inked a memorandum of understanding to empower Malaysia’s homegrown entrepreneurs.

BNM Imposes Penalties On Four Financial Institutions For Regulatory Breaches

KUALA LUMPUR, May 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for various breaches of financial regulations.

Govt's Boost To SJPP Guarantee Schemes Timely, Execution Crucial - SBF

KUCHING, May 6 (Bernama) -- The government’s decision to raise guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion is a timely move to strengthen business confidence and enhance liquidity among Malaysian small and medium enterprises (SMEs).

US Tariff: Govt To Boost SJPP Guarantee Schemes By RM1 Bln To Assist SME Exporters

KUALA LUMPUR, May 5 (Bernama) -- The government has agreed to raise government guarantees under the Business Financing Guarantee Scheme (SJPP) by RM1 billion to assist small and medium enterprises (SMEs) that are affected following the United States (US) tariff announcement to secure loans from commercial banks.

Islamic Financing To Maintain 8.0 Pct Growth In 2025 – RAM Ratings

KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.